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NEW YORK: Oracle projected current-quarter revenue below Wall Street targets on Monday (Sept 11) and narrowly missed expectations for the first quarter as a tough economy pressured cloud spending by …
Oracle sees revenue below estimates as cloud spending sputters Read MoreNEW YORK: Latest results and forecasts from retailers ranging from Macy’s to Foot Locker are fresh signs that US consumer spending is under stress heading into the second half of …
Gloomy US retail outlook dulls hopes of strong holiday season spending Read MoreAMERICANS are still spending. And the country’s biggest retailers are still warning that the party is at risk of fizzling. Walmart Inc, Target Corp and Home Depot Inc all topped …
Americans keep on spending but big retailers doubt it will last Read MoreWASHINGTON: U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Inflation as measured by the …
US annual inflation slows in June, consumer spending solid Read More
PUTRAJAYA: The Ministry of Finance (MoF) is confident its target of 60 per cent of Budget 2023 spending could be achieved by next month to support the government’s aim to …
60 pct budget 2023 spending achievable by August Read MoreKUALA LUMPUR: Zhulian Corp Bhd’s performance is closely linked to the overall consumer spending patterns and the fluctuating of foreign currency exchange. “Strengthening or weakening of ringgit against the US …
Zhulian’s performance dependent on consumer spending, currency fluctuations Read MoreLONDON: Walgreens Boots Alliance has warned that lower spending by inflation-weary consumers and a hit from a larger-than-expected drop in Covid-19 product sales may persist into next year, sending its …
Walgreens warns of low consumer spending, drop in Covid product sales Read MorePUTRAJAYA: Domestic tourism in Malaysia experienced a remarkable recovery in 2022 after registering total spending of RM64.1 billion compared to RM18.4 billion in 2021, according to the Domestic Tourism Survey …
Domestic tourism spending surged to RM64.1b in 2022 Read MoreNEW YORK: Major global brands like McDonald’s, General Motors and Nestle posted steady first-quarter results built on higher prices, demonstrating that shoppers across major economies are still spending despite slowed …
Price hikes boost profits at global consumer giants – will spending last? Read MoreA WEAKENING global economy and listless demand for electronics is finally catching up with Taiwan Semiconductor Manufacturing Co (TSMC), which last Thursday cut its outlook for both the company and …
TSMC keeps spending to leverage the AI boom Read More